$691,111
Active · 3 days on market · MLS# MFRA4671521
| Bedrooms | 8 |
|---|---|
| Living area | 2,759 sq ft |
| Lot size | 0.48 acres |
| Year built | 1927 |
| Property type | Quadruplex |
| Garage spaces | 2 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $3,852 |
| County | Volusia |
DO NOT CONTACT TENANTS. DO NOT WALK PROPERTY. Information reliable, but not guaranteed; agents/buyers must do own due diligence to buyer's satisfaction. This awesome quadraplex is offered as one part of UP TO 21 TOTAL UNITS. This property boasts four 2Bedroom, 1Bathroom units, PLUS a Garage for Storage Fee Income! Realistic expectation for income on this unit is $80,000--$85,000+ and likely more if you explore vacation rentals. In process of being updated and refreshed, this is the AS IS PRICE; when finished the price will be adjusted accordingly. So, take advantage and buy some equity PLUS, this one will generate great income, especially if the entire complex is acquired! ALSO AVAILABLE: Five Duplexes, recently refreshed and a single family home, and a vacant lot in the middle of these properties that could have another six units built on site for a TOTAL OF 21 units on property. Financials are based on HUD Small Area allowances for zip code 32114; as such, if you build the additional units, you could expect gross income well in the 4$450,000 range. Minutes to everything, including one of the greatest beaches on earth as well as World Famous Daytona Speedway! Call today to take one or all to add to your investment portfolio --OR-- owner occupy one unit and rent the other or all of the others if you purchase others.
Listing courtesy of Floyd Calhoun, HERE REALTY. Presented by MC Homes Realty Inc · 727432218.